New research from mortgage and savings platform, Tembo, has revealed that first-time buyers are significantly better off purchasing a home rather than continuing to rent over the long term.

According to Tembo’s research, first-time buyers are on average £7,600 better off after one year of buying compared to renters who invest their deposit elsewhere. After five years, homeowners could be as much as £64,000 better off.*

Despite ongoing affordability challenges, falling mortgage rates are helping to improve accessibility for first time buyers. With rates dropping to around 4.48%**; the lowest level in over two years, this has helped reduce monthly repayments and make buying more affordable.

While saving for a deposit and meeting borrowing requirements can still be difficult for many buyers, purchasing a home continues to offer important long-term financial benefits. Every mortgage payment contributes towards owning your property, while renters continue paying towards rising rental costs without building equity.

Choosing a modern, energy-efficient new build home can also help first-time buyers better manage household expenses while protecting their investment long term. At Peveril Homes, our energy-efficient homes are built using the latest technologies and high-quality materials to help reduce energy use and maximise everyday savings. Features such as air source heating, premium insulation, Hive thermostats, PV panels, underfloor heating, and energy-efficient appliances all work together to create a comfortable home that performs efficiently throughout the year.

By choosing a Peveril home, buyers are investing in a property that combines quality, efficiency, and lasting value, helping to protect their investment while supporting a more sustainable future.

For first-time buyers considering their next step, now could be an excellent time to explore the opportunities available and discover how owning a home can provide both immediate comfort and lasting value for the future.

If you’re thinking about taking your next step onto the property ladder, we have beautiful developments across Derbyshire and Nottinghamshire, including Alfreton, Codnor, Nuthall, East Bridgford, and Stapleford, with exciting new communities coming soon to Kirk Langley and Jacksdale.

*Tembo Quartely Index 2026

**Rates at the time of research